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Jackson delays Halo movie

03/11/2006 - 16:13:43
Peter Jackson has agreed to put his big budget movie version of video game Halo on hold while he searches for a new studio.

The Lord of the Rings film-maker had continued to shoot the joint project with Microsoft despite the financial withdrawal of Fox and Universal last month.

However, Jackson - who has handed directorial duties to Neill Blomkampo, and will be a executive producer - has pulled the plug, with the mutual agreement of Microsoft.

He says: "We are confident that the final feature film will be well worth the wait."

The two movie giants were thought to have pulled out because of a spiralling budget.

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